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Fly News Breaks for October 31, 2019
TDOC
Oct 31, 2019 | 06:26 EDT
Teladoc shares were up 5% last night on a beat and raise quarter plus positive takeaways on the key selling season, Citi analyst Stephanie Demko tells investors in a research note. However, the analyst says Teladoc has the highest short interest in her coverage universe at 38% of float. This potentially setts the company up for a double digit stock price move tomorrow, says Demko. She raised her estimates and reiterates a Buy rating on Teladoc with a $93 price target.
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